Pronto Secures Funding Discussions for $15-20 Million from Lachy Groom and Others at $200 Million Valuation

Pronto, Quick Home Services Startup, Seeks $15–20 Million in Fresh Funding Round

Pronto, a rapid home services startup, is in advanced talks to raise $15–20 million in a new funding round led by Lachy Groom, with participation from existing backers, according to sources familiar with the matter. The round is expected to value the company at around $200 million, doubling its valuation from $100 million in the round it closed last month. Sources said the new capital is being structured as an extension of that earlier $25 million fundraise.

In March, Pronto had raised $25 million in a Series B round led by Epiq Capital, with participation from General Catalyst and Bain Capital Ventures, at a post-money valuation of $100 million. Pronto and Lachy Groom did not respond to queries sent by Moneycontrol.

Rapid Growth in Quick Home Services Segment

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Founded in 2025, Pronto operates in the emerging quick home services segment, where platforms promise domestic help within minutes, mirroring the playbook of quick commerce. The company has scaled rapidly over the past year, expanding to multiple cities while building a hyperlocal network of trained professionals offering services such as cleaning, laundry, and household chores. Its earlier fundraise last month came as the company ramped up investments in supply acquisition and cluster-level expansion to support rising demand.

Funding Surge in Quick Home Services Category

Pronto's latest fundraise comes amid a broader surge of capital into the quick home services segment, with multiple startups raising aggressively after demonstrating early traction. Rival startup Snabbit is also in talks to raise $60–70 million in a new round led by Mirae Asset and SIG, underscoring growing investor appetite for the category.

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Intensifying Competition in Quick Home Services Segment

The segment has seen intensifying competition as startups race to scale operations and lock in both demand and supply. Apart from Pronto and Snabbit, incumbent Urban Company has also been doubling down on its instant services vertical, highlighting the pace at which the category is expanding. Together, companies operating in this space are currently doing roughly 2.5 to 3 million jobs a month, as Moneycontrol reported earlier.

Early Land Grab in Informal Domestic Help Market

The rush of capital into the space reflects a broader thesis that India's largely informal domestic help market can be organised through technology-led, hyperlocal networks. Startups are now competing to build reliable, on-demand labour supply chains—a far more complex challenge than inventory-led models, but one that could unlock a large, underpenetrated market. For Pronto, the latest round—if closed—would mark another step in its rapid scale-up, even as competition in instant home services continues to intensify.